Another boring night where we were half size, made worse by the fact that our GBPUSD call triggered long right on a Comber 13 sell signal. We will remain half size in the weeks ahead as August is usually the slowest month of the year for Forex. Those who use the Seeker/Comber, this is a great time to fade signals there.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
GBPUSD:
Bad timing as the long idea triggered at A right on a Comber 13 sell signal (those of you that have gone through the program should have avoided the trade if you were awake and watching):
